Brownback: Growth Will Close Kansas Budget Gap
Associated Press - August 12, 2014 7:24 pm
Kansas Gov. Sam Brownback says he is "looking at everything" to fill a projected $279 million budget deficit for this fiscal year, including the possibility of tweaking the state's income tax policy.
Gov. Sam Brownback says his plan to create 100,000 new private-sector jobs in Kansas over the next four years will also close a projected state budget shortfall.
Brownback pledged Tuesday to work to create the new jobs if he’s elected to a second, four-year term. The promise is a key part of his campaign platform.
He said during a rally at a Topeka business that aggressive income tax cuts enacted at his urging are creating economic growth. But he’s facing questions about whether the reductions are undermining the state’s finances.
The Legislature’s nonpartisan research staff issued a new forecast last week predicting the state will have a $238 million budget shortfall by July 2016.
But Brownback said economic growth will allow the state to avoid budget problems.